This website uses cookies. For more information please contact us or consult our privacy policy.

Your binder contains too many pages, the maximum is 40.

We are unable to add this page to your binder, please try again later.

This page has been added to your binder.

Another fine mess? How penalties are calculated

December 1, 2017, The Banker

Mythili Raman is quoted by The Banker in an article regarding how bank regulators calculate fines. Commenting on DOJ's starting point for calculating corporate crime fines, Raman says, "Even though the guidelines, on their face, set out a seemingly strict formula for calculating fines, the calculation of ‘profits’ and ‘losses’ is an extremely elastic exercise, which is why there is often significant room for disagreement, negotiation and advocacy on both sides."

Share this article: